Over the past seven years, the US Secret Service has seized over $102 million worth of digital assets in 254 fraud investigations. It is reported by CNBC.
The main tasks of the federal agency are the prevention of counterfeiting of dollars, debt obligations, the protection of the president and high-ranking officials, as well as the investigation of various types of financial fraud and cybercrime.
One of the cases concerns a scam that targeted 900 US citizens. The investigation was conducted by the Romanian police – the scheme involved the placement of fake ads on online auctions and sites selling luxury goods. After payment, the attackers disappeared, and the money received was laundered through cryptocurrencies.
In August 2020, the US Department of Justice filed a lawsuit for the confiscation of cryptocurrency from 280 accounts. According to the department, they are related to attacks carried out by North Korean hackers.
In March 2022, a Massachusetts resident was sentenced to eight years in prison for drug dealing and had approximately $2.3 million worth of cryptocurrencies confiscated.
Recall that Chainalysis called the darknet markets the largest source of illegal receipts of cryptocurrencies. In 2021, cybercriminals laundered $8.6 billion worth of digital assets, which is 30% more than in 2020.